It’s Monday morning and yet again time to do a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason this is a great way to catch up with all the tech buzz from last week.

If this news is true, then it would be the biggest termination which Indian e-commerce has ever witnessed. As per conflicting reports coming in from various sources, it has been revealed that Snapdeal, India’s 3rd largest e-commerce portal, is all set to mass fire their employees to cut costs.

Govt. has identified 9 lakh firms out of 16 lakh registered businesses in India, which have never paid any income tax. And if we believe incoming reports, then strict action would be taken against them. Approximately Rs 1238 crore have been deposited within these 9 lakh companies between November-December, and Govt. is in no mood to give them any more chance.

As the protests in Delhi by Ola and Uber drivers intensifies, Jugnoo plans to enter the cab-hailing space, with a pilot in Gurugram. Most of the drivers in the capital are facing problems like low revenues, insane work hours and most importantly, no incentives.

Launched in 2014, Amazon’s Alexa is an intelligent personal assistant, will soon be launched in India. It is like having Google Assistant or Siri are home to control everything around you.

If we believe Akamai’s latest report on the State of Internet/Security, then IoT hacks can increase in the coming months. In fact, under DDoS (Distributed Denial of Service) attacks, IoT was the biggest target during Q4 of 2016.

Tata Motors have partnered with Microsoft for bringing their advance Connected Vehicles Platform in India. In fact, the first such car from Tata Motors powered by connected vehicle technology would be unveiled at 87th Geneva International Motor Show on March 7, 2017.

While HDFC Bank’s Managing Director has launched a scathing attack on Paytm, Snapdeal is now reporting losses to the tune of Rs 160 crore month, and may soon merge with Paytm’s e-commerce business.